Solana Treasury Boom: Billionaire Investment to Fuel Crypto Price Surge?

A new initiative aims to build a massive $1 billion Solana treasury, potentially leading to an ATH for SOL. This project involves acquiring a publicly traded company and transforming it into a digital asset firm focused on Solana. Key players like Galaxy Digital, Jump Crypto, and Multicoin Capital are involved in raising this investment, with support from the Solana Foundation. The plan is expected to close in early September.